Overview
Daily NAV
$14.02
-0.26% ($0.04)
March 26, 2024
-
Inception DateOctober 23, 2019
-
Net Assets$21.32 million
-
Fund Manager 1The Empire Life Insurance Company
-
Min. Investment$1,000 initial, $50 per fund
-
MER3.37%
-
Asset classU.S. Equity
-
Management Fee2.30%
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
1 Empire Life Investments Inc. is the portfolio manager of the Empire Life segregated funds and is a wholly owned subsidiary of The Empire Life Insurance Company.
Why Invest
You are seeking long-term growth through capital appreciation by investing mainly in equity securities of U.S. corporations
Performance As at February 29, 2024
Growth of $10,000
Investment value:
$13,798.77
at
February 29, 2024
Compound Returns 2
Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
---|---|---|---|---|---|---|---|---|---|
Empire Life Multi-Strategy U.S. Equity GIF Class L | 5.92% | 9.57% | 9.88% | 8.47% | 19.46% | 7.09% | — | — | 7.64% |
Series | Empire Life Multi-Strategy U.S. Equity GIF Class L |
---|---|
1 mth | 5.92% |
3 mths | 9.57% |
6 mths | 9.88% |
YTD | 8.47% |
1 year | 19.46% |
3 years | 7.09% |
5 years | — |
10 years | — |
psi | 7.64% |
2 Annual Compound Returns: Returns under 1 year are simple rates of return. All others are annual compound rates of return. All returns are calculated after taking expenses, management and administration fees into account. Past performance is no guarantee of future performance.
Calendar Returns
Series | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Empire Life Multi-Strategy U.S. Equity GIF Class L | — | — | — | — | — | — | 9.05% | 15.70% | -13.17% | 11.32% |
Series | Empire Life Multi-Strategy U.S. Equity GIF Class L |
---|---|
2014 | — |
2015 | — |
2016 | — |
2017 | — |
2018 | — |
2019 | — |
2020 | 9.05% |
2021 | 15.70% |
2022 | -13.17% |
2023 | 11.32% |
Portfolio Allocations As at January 31, 2024
Sector Allocation
Colours | Name | Weight |
---|---|---|
Information Technology | 32.05% | |
Health Care | 12.95% | |
Financials | 11.04% | |
Consumer Discretionary | 9.07% | |
Industrials | 9.03% | |
Communication Services | 8.51% | |
Consumer Staples | 6.26% | |
Materials | 3.51% | |
Energy | 2.94% | |
Utilities | 2.71% | |
Real Estate | 1.94% |
Asset Allocation
Colours | Name | Weight |
---|---|---|
U.S. Equity | 91.48% | |
Cash and Equivalents | 5.05% | |
International Equity | 3.05% | |
Canadian Equity | 0.39% | |
Other | 0.03% |
Underlying Fund Holdings
Name | Weight |
---|---|
Vanguard S&P 500 ETF | 32.88% |
Mawer U.S. Equity | 16.03% |
iShares Edge MSCI USA Quality Factor ETF | 11.86% |
VANGUARD RUSSELL 1000 VALUE | 8.46% |
Invesco Russell 1000 Equal Weight ETF | 5.93% |
T ROWE PRICE DIVIDEND GROWTH ETF | 4.96% |
iShares MSCI USA Min Vol Factor ETF | 4.95% |
Invesco QQQ Trust Series 1 | 4.92% |
VANGUARD RUSSELL 1000 GROWTH ETF | 3.00% |
Portfolio Manager(s)
Dave Paterson
Vice President, Strategic Investment Solutions
Empire Life Investment Team
Empire Life Investment Team